FX:AUDNZD
As we can see that AUDNZD has created a Down trend channel pattern and breakout also happened at buy side, if it gives pull back entry we can plan our trade for buy side. plan your trade accordingly....
Audnzd buy now at price 1.13794
Sl 1.13400
Target 1.14909
Trading idea breakout of resistance in 4 hours and resistance become support and pullback going on
audnzd next possible move with elliott wave and demand supply
audnzd next possible move with elliott wave and demand supply
audnzd next possible move with elliott wave and demand supply
AUDNZD Sell trade opportunities
AUDNZD Overall Bearish trend make a very strong Bearish candle on resistance D1 time frame and also Breakout H4 support trend line its very good opportunity to take a short trade here with stop loss above the support area
"Always trade with Stop Loss"
aud nzd buy set up found
aud nzd has completed retracemnt wave with level of fibbo 78.6 and 88.6, now we can expect a good move for above direction in aud nzd
AUDNZD
The pair trading in a bearish market since November last week.and erase most of the gains.
Now its trading at major resistance level at 78.6% Fibonacci
From the 1.03900 level we can open buy orders and Potential take profit will be 1.05100
Stop lose may be placed at 1.03360 level
Midterm forecast:
While the price is above the support 1.0275, resumption of uptrend is expected.
We make sure when the resistance at 1.0630 breaks.
If the support at 1.0275 is broken, the short-term forecast -resumption of uptrend- will be invalid.
Technical analysis:
While the RSI downtrend #1 is not broken, bearish wave in price would continue.
Price is...
